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City group’s plan to buy AIM market backed by brokers and fund managers

The London Stock Exchange Group has firmly rejected selling the junior market

By Lars Mucklejohn
A cohort of City heavyweights is preparing to approach the London Stock Exchange Group with a proposal to buy AIM and relaunch it as the Global Growth Exchange
A cohort of City heavyweights is preparing to approach the London Stock Exchange Group with a proposal to buy AIM and relaunch it as the Global Growth Exchange Photo: Bloomberg via Getty Images

City executives are throwing their weight behind a grassroots group attempting to acquire the London Stock Exchange’s junior market.

Fund managers and corporate brokers are among those supporting a takeover of AIM, most of whom spoke to Financial News on condition of anonymity regarding private talks.

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